MediumPositive
Announced Thu, 23 Jul · 15:35 IST
D P Abhushan posts 77% rise in Q1 PAT to Rs 64 crore
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AI summary
D P Abhushan reported a 77% year-on-year rise in Q1 profit after tax to around Rs 64 crore, while total income grew 58% to about Rs 853.63 crore. Managing Director Santosh Kataria said demand for wedding jewellery remained resilient despite volatility in gold and silver prices and temporary consumer hesitation post recent policy announcements. The company also finalised locations for new showrooms in Jabalpur (Madhya Pradesh) and Dahod (its first in Gujarat), with operations expected to commence shortly.